TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Study: Global coal appetite to grow until 2018

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Los Angeles Times
Tuesday, Dec. 17, 2013, 12:01 a.m.
 

Despite serious concerns over environmental impact, appetite for coal around the world will continue to grow through 2018, according to a report from the International Energy Agency.

Efforts in China to rein in coal dependency will push down the pace of growth to 2.3 percent a year, the report said. That's down from yearly growth of 3.4 percent between 2007 and 2012.

“Like it or not, coal is here to stay for a long time to come,” said Maria van der Hoeven, the agency's executive director. “Coal is abundant and geopolitically secure, and coal-fired plants are easily integrated into existing power systems.”

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. Steady hiring pace increases odds of Fed action
  2. Housing bright spot as Beige Book survey shows Pittsburgh region’s growth slight
  3. U.S. stocks bounce back from precipitous drop
  4. Just Mayo has egg industry in a panic, emails show
  5. Stock indexes enter correction territory; bear market could be lurking
  6. Consumer Financial Protection Bureau gives alternative to customer service frustrations
  7. Coal stocks on a roller coaster ride they can’t get off
  8. PPG’s new CEO to push organic growth with existing clients
  9. Pa. business interests decry EPA ozone proposal as economic albatross
  10. Idea Foundry CEO Matesic decides which new companies get help from his Pittsburgh business incubator
  11. Shale gas violations down as DEP steps up inspections